Supermax Corp Faces Forecasted Losses Amid Operational Challenges
Supermax Corp Bhd is experiencing a challenging operating environment, with analysts predicting increased losses in the near term. RHB Research reported a decrease in cash position from RM691mil to RM596mil, while expected core losses for FY26 are projected at RM67mil. Supermax's efforts to enhance automation and upgrade production lines may not fully offset rising operational costs, leading Kenanga Research to forecast a FY26 net loss of RM101mil. Target prices have been adjusted downward by various analysts.
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Supermax Corp Bhd is facing a difficult operating environment with analysts forecasting widened losses in the near term. RHB Research indicated a decrease in net cash position from RM691mil to RM596mil for the quarter ending September 30, 2025.
The expected core losses for the financial year ending June 30, 2026, are RM67mil, while Kenanga Research anticipates a net loss of RM101mil for FY26. Despite investments in automation to improve operations, these measures may not offset high production costs. Target prices have been lowered to 34 sen by RHB and 24 sen by Kenanga.
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